SRFM · Surf Air Mobility Inc.
$1.13
-0.07 (-5.83%)
At close · Oct 1
View the 10-K filed Mar 12, 2026
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 10, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These factors raise substantial doubt about the Company's ability to continue as a going concern. The accompanying condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty.”View the 10-Q filed Aug 10, 2026
Customer concentration
— top customer 38% of revenue
One customer — 38% of revenue (the year ended December 31, 2025)
“For the years ended December 31, 2025 and 2024, the United States Department of Transportation (“U.S. DOT”) accounted for 38% and 39%, respectively, of the Company's consolidated revenues.”
One customer — 39% of revenue (the year ended December 31, 2024)
“For the years ended December 31, 2025 and 2024, the United States Department of Transportation (“U.S. DOT”) accounted for 38% and 39%, respectively, of the Company's consolidated revenues.”
Market Cap
$111.44M
Shares
100.40M
Volume · Oct 1
6.4M
Avg daily vol (3M)
4.67M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$1.13
Open$1.15
Day$1.08–1.25
52W close$0.47–5.45
Avg vol 30d6.1M
Short int14.5M · 14.4% float · 6.4d
Short vol63%
Last earningsAug 10, 2026
DataJul 2023–Oct 2026
Filing10-Q · Aug 10
Up next
Next earnings call
Nov 10, 2026
Est · unconfirmed
· in 6 wks
filed Aug 10, 2026
call held Aug 10, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
—
Trailing 12 months
Net income (TTM)
—
Trailing 12 months
Revenue growth YoY
—
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
—
Year over year · more shares
Price change (1Y)
-72.0%
Trailing year
Short interest
14.4%
Latest settlement · 6.4 days to cover
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Neutral
Momentum
Weak
Sentiment
Neutral
Fundamentals
Weak
Quant / Vol
Very High
Market backdrop
VIX 16.4 · calm
Equity put/call 0.57
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−17%
below
Price vs 50-day avg
+49%
above
RSI (14)
71
overbought
MACD trend
Positive
52-week position
13%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+71%
trailing
6-month return
0%
trailing
YTD return
−42%
this year
Relative strength
−12%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $1 › 200d $1 — 200d above 50d
Institutional flow
Distributing
2 of 70 funds reported for Sep 30 · net -250 sh shares
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
14.42% of float · ▼ -0.9% MoM · 6.4 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
70 holders — near 3-yr high, broad support
Squeeze score
84
high risk · 0–100
Fundamentals
Revenue growth
−11%
Y/Y
EPS growth
+46%
Y/Y
Free cash flow
$-70.1M
Balance sheet
$4.4M
net debt
Quant / Vol
risk profile
Volatility
105%
annualized · 1-yr
Max drawdown
−91%
past year
ATR
9.7%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 10, 2026
Third Quarter 2026
Revenue
Initiated
$35.5M – $37.5M
prior qtr $29.51M
midpoint +23.7% QoQ
Full Year 2026
Revenue
Initiated
$128M – $138M
prior FY $106.56M
midpoint +24.8% Y/Y
Guided vs delivered
· last 3 settled
Third Quarter 2024 revenue
Third Quarter 2024
guided $25M – $28M
$28.39M
Beat +7.1%
Revenue
FIRST QUARTER 2024
guided $28.5M – $29.5M
$30.62M
Beat +5.6%
GAAP Revenue
full year 2023
guided $54.5M – $59.5M
$60.51M
Beat +6.1%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−17%
Bearish
Price vs 50-day avg
+49%
Bullish
RSI (14)
71
Bearish
MACD trend
Positive
Bullish
52-week position
13%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $1 › 200d $1 — 200d above 50d
Institutional flow
Distributing
2 of 70 funds reported for Sep 30 · net -250 sh shares
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
14.42% of float · ▼ -0.9% MoM · 6.4 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
70 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $0
Now $1 · 13%
Range high $5
vs 200-day avg -17%
vs 50-day avg +49%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Controllable completion factor | 98% | Q2 2026 | — |
| On-time arrivals | 88% | Q2 2026 | — |
| On-time departures | 83% | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Airlines — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SRFM
this stock
Surf Air Mobility Inc.
|
$111.44M | -41.8% | -10.8% | — | 14.4% |
|
DAL
Delta Air Lines, Inc.
|
$54.70B | +21.2% | +4.0% | 13.8 | 4.0% |
|
UAL
United Airlines Holdings, Inc.
|
$37.00B | 0.0% | +3.2% | 10.7 | 5.6% |
|
RYAAY
Ryanair Holdings PLC
|
$28.65B | -24.9% | — | — | 0.4% |
|
LUV
Southwest Airlines Co
|
$20.88B | +1.2% | +3.7% | 27.0 | 4.5% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SRFM | +22.6% | +70.9% | +0.0% | -5.8% | -41.8% |
| SPY | -0.4% | -0.2% | +12.4% | +0.2% | +12.0% |
| vs SPY | +23.0% | +71.0% | -12.4% | -6.0% | -53.8% |